RANKED: What an iPhone 6 costs in 27 countries

Stores promoting the Apple iPhone 6S in the southern Chinese city of Shenzhen.Reuters/Bobby Yip
Deutsche Bank's annual "Mapping the World's Prices" report for 2016 is out.

The annual report, which compares prices for more than 20 common items in global cities, is now run by strategist Jim Reid, who writes the closely followed "Early Morning Reid" note for Deutsche each day.

"Don't lose your phone while away in Brazil, India, Sweden, Denmark, or Italy" is Reid's salient advice to travelers, as they are the most expensive countries in which to buy an iPhone.

The price in US dollar terms has actually come down a bit in Brazil over the past year as the local currency, the real, has appreciated about 10% against the greenback. But the iPhone 6 still comes at a dizzying 56% premium when priced in US dollars.